Middle and higher-income families are both consumers and investors--and the present rates ranging up to 91% not only check consumption but discourage investment, and encourage the diversion of funds and effort into activities aimed more at the avoidance of taxes than the efficient production of goods.
Special Message to the Congress on Tax Reduction and Reform.
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The United States is not in the position which England was when Benjamin Disraeli described it as: two nations divided, the rich and the poor.
The concurrence of the Board of Commissioners in those recommendations should assure that the entire District Highway Program can now move forward.
I think that by the time this Congress goes home, in the sense of next summer, that in the fields of education, mental health, taxes, civil rights, this is going to be a record that is going to be--however dark it looks now, I think that…
Along with the German people, we have followed intently efforts to bring up the survivors, whose courage we all admire.
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